I have a few needles by this manufacture, and can't recall having a problem. This particular needle chipped at the point within just a few minutes of use. I managed to file it down without a problem, but it certainly shouldn't have chipped so easily.
I love my Knitter's Pride needles. Not only are they dreamy to use when it comes to the magic loop method but they are also visually lovely! If I could throw out all my old needles with those stiff cords and replace them with Knitter's Pride, I would!